Lectra

Legal Proceedings Report • Feb 1, 2013

The Madrid Court of Appeal Upholds the Judgment of the Madrid Court of First Instance Recognizing the Enforcement in Spain of the October 2009 Award Rendered Against Induyco by the International Arbitral Tribunal

Paris, February 1, 2013. In a decision issued on January 28, 2013, and notified today, the Madrid Court of Appeal upheld the judgment of the Madrid Court of First Instance of June 27, 2011, recognizing the validity and enforceability in Spain of the arbitral award rendered against Induyco in October 2009 by an International Arbitral Tribunal seated in London.

With this decision, the Madrid Court of Appeal has, in turn, rejected Induyco's challenge to exequatur

After Induyco refused voluntarily to pay the outstanding amounts still due to Lectra, Lectra commenced an action of exequatur before the Madrid Court of First Instance in December 2010, in order to enforce in Spain the arbitral award and recover the remaining amounts owed by Induyco (€11.1 million out of 26.2 million as at December 31, 2012). The Madrid Court of First Instance had confirmed the validity and enforceability of the award, and the decision just rendered by the Madrid Court of Appeal confirms this judgment.

As Induyco has been merged into El Corte Inglés on December 18, 2012 and immediately dissolved, El Corte Ingles has now replaced Induyco as the current debtor of Lectra for the aforementioned amount.

Lectra is determined to pursue the execution of the award until the payment of the full amount due to it.

The decision of the Madrid Court of Appeal does not modify the accounting of the award in the company's financial statements

The company has only recorded the €15.1 million received in 2010 and conclusively non-refundable. The balance (€11.1 million) still due by El Corte Inglès will only be recorded upon its receipt.

As all of the costs incurred by Lectra have already been paid, the execution of the arbitral decision will result in a cash inflow equal to the balance of the award still owed by El Corte Inglés.

With 1,350 employees worldwide, Lectra is the world leader in software, CAD/CAM equipment and related services specially created for large-scale users of textiles, leathers, and industrial fabrics. Lectra serves a broad array of major global markets including the fashion (apparel, accessories, and footwear), automotive (car seats and interiors, airbags), and furniture industries, as well as a wide variety of other sectors, such as the aeronautical and marine industries, wind energy, etc.

Lectra (code ISIN FR0000065484) is listed on NYSE Euronext (compartment C).

lectra.com

Lectra – World Headquarters & siège social : 16–18, rue Chalgrin • 75016 Paris • France Tél. +33 (0)1 53 64 42 00 – Fax +33 (0)1 53 64 43 00 – www.lectra.com Société anonyme au capital de € 28 918 680 • RCS Paris B 300 702 305